EV vs gas

Is an EV actually cheaper than gas where you live?

The answer swings by over $982 a year between states. Pick yours for a 2026 comparison that includes public charging and charging losses — the two things most calculators leave out.

Choose your state

Ranked by how much an EV saves on fuel each year.

Wyoming$4.13
EV saves$1,574/yr
5-yr difference$7,869
Washington$5.13
EV saves$1,567/yr
5-yr difference$7,835
Nevada$4.80
EV saves$1,540/yr
5-yr difference$7,701
Montana$4.29
EV saves$1,431/yr
5-yr difference$7,156
Idaho$4.31
EV saves$1,356/yr
5-yr difference$6,779
Utah$4.25
EV saves$1,345/yr
5-yr difference$6,727
North Dakota$3.88
EV saves$1,327/yr
5-yr difference$6,636
Arizona$4.44
EV saves$1,320/yr
5-yr difference$6,602
Oregon$4.65
EV saves$1,319/yr
5-yr difference$6,595
California$5.66
EV saves$1,298/yr
5-yr difference$6,490
South Dakota$3.99
EV saves$1,262/yr
5-yr difference$6,311
New Mexico$3.97
EV saves$1,204/yr
5-yr difference$6,018
Missouri$3.78
EV saves$1,194/yr
5-yr difference$5,969
Arkansas$3.73
EV saves$1,189/yr
5-yr difference$5,944
Mississippi$3.65
EV saves$1,186/yr
5-yr difference$5,932
Nebraska$3.90
EV saves$1,182/yr
5-yr difference$5,910
Oklahoma$3.69
EV saves$1,173/yr
5-yr difference$5,863
Iowa$3.81
EV saves$1,152/yr
5-yr difference$5,758
Georgia$3.86
EV saves$1,130/yr
5-yr difference$5,650
West Virginia$3.88
EV saves$1,115/yr
5-yr difference$5,573
Illinois$4.34
EV saves$1,109/yr
5-yr difference$5,547
Colorado$4.11
EV saves$1,104/yr
5-yr difference$5,522
Kansas$3.75
EV saves$1,095/yr
5-yr difference$5,476
Michigan$4.35
EV saves$1,095/yr
5-yr difference$5,474
Louisiana$3.66
EV saves$1,086/yr
5-yr difference$5,431
Minnesota$3.94
EV saves$1,081/yr
5-yr difference$5,404
Delaware$4.16
EV saves$1,074/yr
5-yr difference$5,368
Alabama$3.73
EV saves$1,069/yr
5-yr difference$5,344
Kentucky$3.69
EV saves$1,064/yr
5-yr difference$5,318
Tennessee$3.67
EV saves$1,056/yr
5-yr difference$5,282
Virginia$3.92
EV saves$1,048/yr
5-yr difference$5,238
Ohio$4.08
EV saves$1,036/yr
5-yr difference$5,182
Texas$3.60
EV saves$1,018/yr
5-yr difference$5,090
Florida$3.83
EV saves$1,009/yr
5-yr difference$5,047
North Carolina$3.79
EV saves$1,006/yr
5-yr difference$5,029
South Carolina$3.66
EV saves$997/yr
5-yr difference$4,986
Alaska$4.74
EV saves$992/yr
5-yr difference$4,960
Wisconsin$3.96
EV saves$924/yr
5-yr difference$4,619
Indiana$3.60
EV saves$906/yr
5-yr difference$4,531
Pennsylvania$4.21
EV saves$906/yr
5-yr difference$4,528
Maryland$4.15
EV saves$905/yr
5-yr difference$4,524
Vermont$4.20
EV saves$880/yr
5-yr difference$4,398
New Jersey$4.13
EV saves$852/yr
5-yr difference$4,259
Maine$4.12
EV saves$737/yr
5-yr difference$3,683
New Hampshire$4.08
EV saves$706/yr
5-yr difference$3,532
Hawaii$5.45
EV saves$672/yr
5-yr difference$3,358
Connecticut$4.20
EV saves$671/yr
5-yr difference$3,354
New York$4.22
EV saves$605/yr
5-yr difference$3,025
District of Columbia$4.24
EV saves$597/yr
5-yr difference$2,984
Massachusetts$4.12
EV saves$596/yr
5-yr difference$2,982
Rhode Island$4.09
EV saves$592/yr
5-yr difference$2,962

An EV's running cost is set by two numbers moving in opposite directions: what you pay for electricity and what you would have paid for gasoline. Wyoming comes out best because it pairs expensive fuel with relatively cheap power. Rhode Island is the weakest for the reverse reason.

The third factor is where you plug in. Public fast charging costs several times the residential rate, so an owner without a driveway can pay double what a home charger pays for the same miles. That single variable decides more arguments about EV running costs than anything else.

Fuel costs only — excludes purchase price, depreciation, insurance and maintenance.

Data vintage: Electricity: EIA Electric Power Monthly Table 5.6.B (residential, May 2026 YTD). Solar resource: PVGIS v5.3 (EU JRC), ERA5 2005-2023. Gasoline: AAA state averages. Natural gas: EIA residential by state. Heating degree days: NOAA CPC population-weighted normals. Retrieved 2026-08-03/04. Install costs, household usage, net-metering status, annual mileage, time-of-use spreads and outage hours remain estimates.